Form 4: HP Inc. Chief Legal Officer Julie Jacobs Reports Stock Transactions
SEC Form 4 Filing
Julie Jacobs, Chief Legal Officer of HP Inc., reports the vesting and disposal of restricted stock units to cover tax obligations.
Summary
- On October 3, 2024, Julie Jacobs, the Chief Legal Officer of HP Inc., reported transactions involving HPQ common stock.
- 123,248 restricted stock units (RSUs) vested and were converted into common stock.
- 51,444 shares were disposed of to satisfy tax withholding obligations at a price of $35.6 per share.
- Following these transactions, Jacobs directly owns 134,300 shares of HPQ common stock and 115,875 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices; it doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 10/03/2022 | Reporting person was granted 347,625 RSUs, 1/3 of which vest annually over 3 years on the anniversary of the grant date. |
| 10/03/2024 | Date of transaction: vesting of RSUs and disposal of shares for tax obligations. |
| 10/07/2024 | Date of report filing. |
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